AvalonBay Communities is a real estate investment trust. Co. is engaged in the development, redevelopment, acquisition, ownership and operation of multifamily communities in the U.S. Co.'s markets are located in the following regions of the U.S.: New England, the New York/New Jersey Metro area, the Washington DC Metro area, the Pacific Northwest, Northern and Southern California and the Midwest. At Jan 31 2012, Co. owned or held a direct or indirect ownership interest in 180 operating apartment communities containing 53,090 apartment homes in 10 states and the District of Columbia.
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